Nobia makes fitted kitchens sold under the Nobia, Magnet and Invita brands across the Nordics, the UK and Germany, with a manufacturing base that feeds mostly its own retail network. The moat is thinner than the brand names suggest: a 34.9% gross margin is respectable for a kitchen maker, but a 4.7% operating margin and -18.5% ROE show the cost base is absorbing most of it. Revenue is shrinking slightly (-1.0%), and the forward P/E of 102 implies the market is pricing a sharp earnings recovery rather than the current run rate. The interesting question is whether the cost program and a housing-market turn in the Nordics and UK can lift operating margin well above where it sits today, which the numbers here do not yet show. At roughly 2.0B SEK market cap with no index membership, this is a small, under-followed name where a deeper look at segment margins and the restructuring timeline is the obvious next step.
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| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:53 CEST | ACCE price target | kr 13.50 | first publication | kr 13.28 |
Answered from Nobia AB (publ) fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| NOBI.ST Nobia AB (publ) | kr 13.19 | - | - | - | -18.5% | 26 | 37 |
| BSET Bassett Furniture Industries Incorporated Common Stock | $22.03 | $12 | 80% above | 28.2x | 4.1% | 51 | 71 |
| LCUT Lifetime Brands Inc. Common Stock | $8.23 | - | - | 5.7x | 15.8% | 47 | 74 |
| LOVE The Lovesac Company Common Stock | $15.34 | $12 | 33% above | 12.8x | 8.8% | 46 | 55 |
| ATER Aterian Inc. Common Stock | $0.63 | - | - | - | -104.0% | 39 | 21 |
| WEW.DE Westwing Group SE | €12.70 | €12 | 9% above | 10.5x | 32.5% | 66 | 71 |
| RBO.PA Roche Bobois S.A. | €12.30 | €21 | 42% below | 17.6x | 8.7% | 46 | 36 |
Where NOBI.ST ranks against its sector peers on each metric.